Binance OI Hits Record $8.3B: Here’s What It Means for Market Volatility

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Crypto Blog

Bitcoin climbed past $75,000 on Wednesday and $76,000 on Thursday morning, setting a fresh record before stabilizing near $74,500. Market experts remain optimistic about the cryptocurrency’s potential for further growth, fueled by expectations of a pro-crypto stance from Donald Trump’s administration.Binance’s open interest reached a new all-time high of $8.3 billion in the past 24 hours. According to the latestby market intelligence firm CryptoQuant, the figure reflects a 10.24% surge.

“Remember, the OI metric represents the total number of open long and short positions in the market. Sharp increases in OI suggest that, as volatility spikes, both long and short positions could face increased pressure, potentially leading to liquidations.”

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 568. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Heres what analysts are looking for when Booking reports earningsHeres what analysts are looking for when Booking reports earnings
La source: Investingcom - 🏆 450. / 53 Lire la suite »